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Personal lending firm CASHe raises Rs 25 crore in Series A

Personal lending firm CASHe raises Rs 25 crore in Series A

Saturday, April 1, 2017, 9:04 AM

App-based personal lending firm CASHe has raised Rs.25 crore in Series-A funding from Blackstone group's former PE business co-head Mathew Cyriac and other investors. CASHe is targeting loan disbursals of Rs.70 lakh-1 crore per month in 2017-18. Company is currently disbursing Rs 1 crore a day. CASHe’s current turnover is Rs 360 crore and they are targeting a turnover of Rs1,000-1,200 crore in 2017.
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